Regular Savings Accounts: The Best Currently Available List!

anna42hmr

have also noticed today walking around town, for any one that lives in Birmingham, the Leeds buidling society have a Birmingham branch exclusive called the birmingham strong account, a fixed rate saver at 5% matures after 12 months and can pay in between £20 and £250 a month.

Dagobert

Special_Saver2 wrote: »

Is that what it says in the terms and conditions? They are no longer online.

The T&Cs are not that specific:

Prior months' missed deposits or shortfalls can be made up

It is not stated whether this relates to the account period beginning in December or to the customer's opening month.

I phoned and it was clarified that it is the former.

Special_Saver2 wrote: »

Even if you can do this, would you want to do it?

If you opened this account on 2nd November and paid in £1,500 then it would all get transferred on 26th November to an account paying minimal interest. You will only get 5% interest on that money for less than a month and you will lose interest whilst transferring the money to the Chorley Building Society and then transferring it out again after 26th November when you have to rescue it from the linked Chorley account paying minimal interest.

If the alternative is instant access at 3%, then the 2% interest difference for 26 days would make up for 17 days' lost interest.

Last year they were very efficient. Cheque was posted on the 26th and banked on the 27th.

Special_Saver2

Hi Folks,

This weekend's update:

- Britannia BS Regular Saver account paying 3.1% has been withdrawn and will be replaced with the Easy Monthly Saver account paying 2.1% according to emoneyfacts
- According to emoneyfacts, the Skipton BS Christmas Saver issue 4 is not being launched until 3rd November. The details on the Skipton BS website are consistent with issue 4 (although it does not explicitly say issue 4) and you can apply online. It might be best to wait until 3rd November or apply in a branch if you want to be sure that you do not accidentally get issue 3.

That is all for the moment. I shall do another update next weekend.

SS2

Dagobert

anna42hmr wrote: »

have also noticed today walking around town, for any one that lives in Birmingham, the Leeds buidling society have a Birmingham branch exclusive called the birmingham strong account, a fixed rate saver at 5% matures after 12 months and can pay in between £20 and £250 a month.

withdrawn yesterday

Special_Saver2

Hi Everybody,

Here is this weekend's update.

I can only find one thing that has changed - the Leeds BS Online Saver Issue 2 has been withdrawn. I have removed this from the feeder account section.

I shall do another update next weekend.

All the best,
SS2

Special_Saver2

Hi Folks,

Here is this weekend's update:

- Buckinghamshire BS Chiltern Gold Mine Issue 3 launched today (lots of tricky terms and conditions, see details below)
- Another thread shows that you cannot make a 13th payment on the Principality regular saver bonds (lucky77 had their payment returned) - I have added this information to the relevant post

I shall do another update next weekend.

All the best,
SS2

P.S. I don't know if the Ulster Bank Pathway account would make a suitable feeder account. If you have one then please post something in this thread if you think it would make a good feeder account.



Buckinghamshire BS Chiltern Gold Mine Account Issue 3

Interest rate: 5.1% gross p.a. fixed
Monthly payment: £25-250 (fixed - you must pay the same amount each month)
Miss any payments: No
Penalty-free withdrawals: No, you cannot make any withdrawals at all (according to emoneyfacts and moneyfacts)
How to open account: Post (freepost address)
Special conditions: You cannot open this account if you have an issue 1 or issue 2 account - only one Gold Mine account of any issue per customer is permitted. Transfers are not allowed from existing Buckinghamshire BS accounts.

Milarky

See this post. N&P rates will come down 1% from Friday on newly opened accounts

sabretoothtigger

I noticed Principality offering 10% on some account, think its a long term bond

ctdctd

sabretoothtigger wrote: »

I noticed Principality offering 10% on some account, think its a long term bond

Is it April 1st ?

anna42hmr

Barclays Monthly Saver maturity question
can any one answer me a quick question please

i opened up the barclays monthly saver on 21st november 2008, it is due to mature 20th november 2009 (tomorrow) does any one know when i can withdraw the money (ie is it tomorrow first thing, or does it mature at a certain time in the day, or overnight between the 20th and 21st november??)

i have the barclays e-saver so fingers crossed should be able to use that to withdraw into an outside account, or failing that can withdraw in branch